(MENAFNEditorial)
Fast Market Research announces the availability of Technavio's new report "Gasket and Seal Market in the US 2015-2019" on their comprehensive research portal.
A seal is a device used to control leakage of liquids or gases in industries like automotive manufacturing aerospace electrical and electronics and petrochemicals. A gasket is a type of static seal used to provide a barrier between the mating surfaces of mechanical assemblies.
Technavio’s analysts forecast the gasket and seal market in the US to grow at a CAGR of 4.83% over the period 2014-2019.
Get More Details on this Report and a Full Table of Contents at
The report analyst commented "Gaskets and seals are increasingly being used in difficult conditions where temperatures can range from -32 degrees Fahrenheit to above 1832 degrees Fahrenheit. Therefore the raw materials for seals and gaskets that can cope with these temperatures include high-grade steel alloys. Other metals such as aluminum monel and copper are also used as metal covers and expanded graphite is used as a filler material. The raw materials used for non-metallic gaskets include rubbers silicone fluoroelastomer aramide fiber carbon fiber cellulose fiber glass fiber and mineral fiber which provide high strength and stability chemical resistance and resistance to acids. The use of these high-quality materials helps in extending the life of gaskets and seals. An improvement in the working life of gaskets and seals results in the lengthening of the replacement time of gaskets and seals. This factor is expected to have a negative influence on the share of the aftermarket for gaskets and seals in the US."
According to the report the US EPA develops and enforces laws and regulations enacted by the US Congress to protect the environment. Process industries such as the oil and gas water and wastewater chemical and pharmaceutical industries have to comply with these stringent regulations to reduce pollution and ensure environment sustainability. These industries use gaskets and seals to adhere to EPA guidelines as the products help to prevent the leakage of oil air steam and other fluids through pipes boilers and other equipment.
Further the report states that the fluctuating prices of raw materials used for manufacturing gaskets and seals are inhibiting the growth of the gasket and seal market in the US.
The key players in the Gasket and Seal Market in the US are Dana Holdings Flowserve Freudenberg Sealing Technologies and Parker Hannifin while other prominent vendors include Bal Seal Engineering Cooper-Standard Federal-Mogul Flexitallic Group Garlock Sealing Technology Henniges Automotive Sealing Systems Hutchinson Sealing Systems Timken and Trelleborg
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts we provide quick and easy access to the best competitive intelligence available. Our unbiased expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.